News & Articles

June 9, 2021

SG Blocks Announces Appointments to Board of Directors

Published by: Business Wire

NEW YORK--(BUSINESS WIRE)--SG Blocks, Inc. (NASDAQ: SGBX) (“SG Blocks” or the “Company”), a leading designer, innovator and fabricator of container-based structures, announced that its Board of Directors has appointed Joseph Safina and David Villarreal to serve as members of the Company’s Board of Directors. The appointments, which were effective May 28, 2021, increased the size of the Board from four to six members. The Board also named David Villarreal as its new lead independent Director. . Mr. Safina will serve on the audit committee, replacing Yaniv Blumenfeld, and the compensation committee. Mr. Villarreal will serve on the nominating, environmental, social and corporate governance committee and the compensation committee.[…]
March 5, 2021

How To Increase Your Company’s Value

Article by: Joseph Safina | Published by: Forbes Finance Council

Maximizing your business's value is critical when transitioning, either through sale to a third party or acquisition. Value enhancement is all about increasing profitability, cash flows and efficiency. High-value businesses fetch premium prices during a sale. If you want to get more money, you have to think of value enhancement. Even if you plan on exiting the business later down the road, enhancing its value is […]
December 29, 2020

How to Advise Clients on Restricted Stock Units

Joseph Safina is featured in this article by U.S. News Contributor, Coryanne Hicks | Published by: U.S. News

"Restricted stock units are stock-based compensation used to reward employees after a certain period of time," says Joseph Safina, founder and CEO of Safina Capital. When initially given, RSUs are simply a promise by a company to issue shares of the company stock to the recipient at a future date. They have no tangible value until that stock is issued when the RSU has vested, which typically happens a few years after the RSU is given or when certain performance metrics are met.[…]

December 3, 2020

Time Is Right for Airbnb, DoorDash IPOs, Asset Manager Says

Joseph Safina is interviewed by TheStreet’s Katherine Ross | Published by: TheStreet

Two companies--DoorDash and Airbnb--that are considered to be darlings by Silicon Valley are gearing up for their initial public offerings. DoorDash is looking at pricing between $75 and $85 a share.

In a revised IPO filing published last week, DoorDash set an initial IPO price range of $75 to $85. That spells a valuation range of $27 billion to $33 billion after accounting for outstanding stock options, warrants, and restricted stock units (RSUs)--well above the $16 billion valuation the company received in a June funding round.[…]

December 2, 2020

Stocks Under Pressure After Record-Breaking Rally

Joseph Safina is interviewed by Yahoo Finance’s Alexis Christoforous | Published by: Yahoo Finance

Video Transcript

ALEXIS CHRISTOFOROUS: But I want to get more now on the markets and bring in Joseph Safina, founder and CEO of Safina Asset Management. Joseph, good to see you. I don't know about you, but I think we're in a bit of a information vacuum right now for the markets. I mean, earnings season is over. We're now watching and waiting for vaccine news, for stimulus news. What do you see as the next big catalyst for this market?[…]

October 26, 2020

Pandemic Has Silver Linings For Companies, Workers

Article by: Joseph Safina | Published by: Forbes Finance Council

Since the pandemic started earlier this year, there has been a great cultural and lifestyle shift. This change away from the normal 9-to-5 lifestyle has affected businesses as well as individuals. Companies have changed operations, adopted new working strategies and restructured their operations. The negative side of Covid-19 is obvious. However, it’s not all gloom; the pandemic has had silver linings for companies and employees. Working from home, teleconferencing and adopting new tools are just a few of the recent trends. Here are some of the pandemic’s positive effects. […]
October 12, 2020

Investors Are Willing to Bet on Companies Surviving COVID-19

Article by: Joseph Safina | Published by: CEOWORLD Magazine

While COVID-19 brings the world economy to its knees, many companies are finding capital is relatively easy to acquire. Companies that acted quickly to rethink their operational plan and remobilize employees to work from home models for the purpose of increasing earnings have proven to investors that the company can take a punch, adapt and move forward – which ultimately is what investors want. Investors are looking for companies that can post positive cash flows and earnings in the midst of a pandemic and recession. These are the companies that will survive anything, and that’s where investors will be willing to invest in […]
October 1, 2020

How To Form A Successful Global Joint Venture

Article by: Joseph Safina | Published by: Forbes Finance Council

Global joint ventures can be a great way to do business. They allow companies to gain access to foreign markets, technology and resources. Companies looking to take their products to new markets may enter into joint ventures with partners offering complementary strengths to compensate for their weaknesses. Many companies now prefer to create joint ventures as a springboard to overseas markets as they are an easier way of undertaking international trade. The overseas partner provides knowledge of infrastructure, local market conditions, regulations and culture. However, a global partnership is not easy to come by. It is a risky business strategy […]
September 10, 2020

Four Tips For Restructuring Your Company’s Debt During The Pandemic

Article by: Joseph Safina | Published by: Forbes Finance Council

As a result of the global economic downturn caused by the Covid-19 pandemic, companies big and small are facing a crisis. Low sales and revenue have caused massive layoffs and redundancies. Even large multinationals are experiencing declining profits in several sectors, such as consumer discretionary and energy. The lower economic activity is forcing companies to rethink their debt management. If your company is in a hard-hit sector, you might be struggling to comply with your debt and interest coverage. In this context, renegotiating loan repayment with lenders can help avoid bankruptcy and redundancies. If your company is operating on debt, restructuring can also […]